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8 2 points Unbreakable Foods Inc. reported $800 in net income in 2019. Its weighted average shares outstanding for the year is 248 shares. In
8 2 points Unbreakable Foods Inc. reported $800 in net income in 2019. Its weighted average shares outstanding for the year is 248 shares. In 2015, Unbreakable sold $1000 of 8% convertible bonds due 2025 at par. The bonds are convertible into 57 shares of common stock. The tax rate for is 31%. If Unbreakable has no other potentially dilutive securities and no preferred stock, and no conversions occur during the year, how much is diluted EPS? (Round to the nearest cent.) 2.80
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